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This is a Multiple Linear Regression Analysis study.

The Effect of Good Corporate Governance on Firms Financial Performance in Transportation and Logistics Companies

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The study finds that managerial ownership positively impacts financial performance in transportation firms, suggesting effective governance can drive results.
Analysis indicates institutional ownership also has a positive relationship with financial performance, reinforcing the need for strong governance structures.
Multiple linear regression analysis was conducted on data from 23 companies listed on the Indonesia Stock Exchange between 2021 and 2023.
This research highlights potential areas for firms to enhance performance through corporate governance, such as ownership structures.

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Analysis reveals corporate governance factors influence financial performance in transportation companies, indicating areas for improvement.

Balqis et al. (2025) studied this question.

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Analysis reveals corporate governance factors influence financial performance in transportation companies, indicating areas for improvement.